Outset Medical Sees FY23 Revenue $130M Vs $132M Est.
Portfolio Pulse from Benzinga Newsdesk
Outset Medical has reiterated its 2023 revenue guidance of approximately $130 million, which is slightly lower than the estimated $132 million. The company also maintains its gross margin guidance for the year to be in the low-20% range, exiting the fourth quarter in the mid-20% range.
November 08, 2023 | 1:41 am
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Outset Medical's FY23 revenue guidance is slightly lower than the estimated $132 million, which could potentially impact investor sentiment.
Outset Medical's revenue guidance for FY23 is slightly lower than the market estimate. This could potentially lead to negative investor sentiment, which may put downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100